DOGECOIN - SWING TRADE ANALYSISHere is my last report on dogecoin
It's going up following the research analysis, After a tweet by Elon Musk there is a good rally from the support line and it's now trying to give respect to the formation, there is a good flow on the chart it's already up by 35% from the bottom so the correction was well settled by the bulls and I have mentioned the road map on the chart for the potential upcoming moves.
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Dogeanalysis
Dogecoin Making another push to the upside......THIS IS MY OPINION ONLY AND NOT FINANCIAL ADVICE - DO YOUR OWN RESEARCH AND MAKE YOUR OWN TRADE DECISIONS
The peoples coin making another move to the upside and breaking from yet another Bull Flag...
I'm Long here with a Quick scalp target of 0.38 (- Where's your Take Profit Level set?
I trade this pair with great caution for many reasons....
Many untested breakout levels way down the bottom end of the chart- I find this a concern again this is a personal opinion.
The Elon effect-
And the obvious being a meme coin... The Peoples coin!!!!
All Opinions and advice welcomed :)
Trade safe & Happy Trading :)
DOGEUSD - Update; sharp decline Possible outcome for Doge -
looks like were going straight down and wont be expecting a rise anytime soon.
I think we may get a rise naturally by end of may/ start of june.... BUT it could be sooner depending if it gets pumped.
Dodgecoin Analysis Due to the breaking of the descending channel, it can be acknowledged that the descending process has been completed and a new floor has been formed. Now we have to wait and if the moving average of 100 fails, we can increase the capital or make a new purchase.
In any case, the dome of price growth in this currency, like other cryptocurrencies, was broken.
Be smart to be successful, people talk a lot.
DOGEUSDT Bearish Trend can Continue Chart is simple. The uptrend trend line is broken. So now we are in a Side trend. Price broke the first support and it's near the second. Base on a little rise in volume we can say price can bounce from this support but because volume didn't rise much, down trend can continue. So there going to be a pullback to the broken support.
Notice that if BTC get rejected again from it's nearest resistance 56-55K, there is a possibility that Doge break it's support without any pullback.
DOGE, Dogecoin - ignores the market decline. When to buy❓Dogecoin is one of the few coins that doesn't pay attention to the fall BTC and the whole market. Every pullback is paid back by someone. I expect on squeezing. When BTC rises up, DOGE will break the key level and continue growthing. Buy only after breakout and retest. Don't hurry up!!
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOGE: At critical -50% from ATHDOGE has been nothing short of phenomenal these last few weeks. It has gained over 350% during the previous seven trading days. It is only befitting that it has lost 50% so quickly after such a tremendous extension higher. The chart shows this critical % decrease through the use of Gann box squared at the rate of 0.0035 per 2 hours of trading, the current rate of change that I was able to decipher. It seems to be in an excellent position to continue its trajectory higher; however, if the crypto spectrum goes through a correction phase, DOGE might correct further towards the 75% decline point, but that is yet to be seen during the upcoming few weeks. The chart shows two potential long entries with detailed risk profiles of not less than 4R return. If there's anything that I am missing, do drop a line in the comments section. Best of luck, and stay safe!
DOGE - 1h. It is better not to wait for the range $0.39-0.41DOGE survived yesterday's fall in the crypto market quite well. If some coins fell by 40-50% and punched their liquid price zones down, DOGEUSDT buyers managed to keep the price both within the trend line and within an important liquidity range. In the hourly timeframe, we see that the fall on April 18 took place without volume:
This fact shows that investors did not believe in the panic fall in the price of the crypto market and held their positions . Although we know very well how volatile DOGE can be. Therefore, at the moment the main scenario for the DOGE market is to break through and consolidate the range of $0.39-0.41. It was this range that prevented buyers from continuing the rapid wave of growth on April 16. Large volumes of trades in this range indicate the formation of a local sales area:
The critical point for the growth scenario in the DOGE market is the trend line of buyers, which they have been holding since April 14. At the moment, the trend line of buyers is near the mark of $0.326:
Having lost this mark, sellers will start a powerful wave of decline with the first target of $0.255-0.265. However, the chance of sellers to break this mark and update the local low will be very high.
Therefore, at the moment the ideal solution is to wait for the DOGE price to break through and consolidate above the range of $0.39-0.41 . Only after a firm fixation above this range can you think about buying this coin.
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Dogecoin is bullish again for the next weekMy view on Dogecoin for the next week, based on the patterns that has taken place the last week.
Blue = Very optimistic
Green = Pretty optimistic/realistic
Yellow = Very realistic
Orange = Pretty pessimistic, slow realistic.
THICK WHITE LINE = DOGEDAY prediction for next tuesday 04/20!
I don't see it to go down for now because it has found a strong support on the 0.22 and 0.26 area. NOW it's also respecting the last uptrend line for this moment.
It is narrowing down from the upper and downside, strong bullish momentum coming up OR a long period of consolidation before going up.
FUN FACT: the blue area on the chart (the blue square box area) is 20th of april, also known as DOGEDAY. The doge fans will try to push dogecoin to $1,- THAT'S 3X THE VALUE ON WHAT IT IS RIGHT NOW!!!! :D
I personally think it's honestly a bit too optimistic for the moment, but I surely think that it will hit $0,50 or maybe $0.60 before retracing back down again.
My personal recommodation would be: buy dogecoin now and hold until Tuesday/Wednesday at latest before the retracement back down. OR: buy now and hold for the next 2 till 10 years. Because it's going to be a wild ride! That's for sure! :)
I looked at the inverse HnS on Doge ... is this a good chance?I looked at the inverse HnS on Doge ... is this a good chance?
If you look at the journey of DOGE prices to this day, DOGE is actually still in the opportunity for a bullish trend.
This is indicated by the price is always in the range 0.04 - 0.05 and last week if we want to observe more carefully, it turns out that DOGE is forming an inverse HnS pattern, this pattern is one of the positive confirmation patterns if DOGE will continue its bullish trend again.
The risk is still there, let's take the smallest risk by taking enough profit.
Dogecoin PossibilitiesI am noticing a few different things happening on this 1hr chart.
We have broken out of a symmetrical triangle. For me, the measured move target is about $.078.
I will also be waiting in the bushes to see if the bullish cypher (or another harmonic) develops. To me, this would be healthy as we would retest the trendline/channel and potentially take off from there.
I also see some hidden bullish divergence on the RSI.
Let's see what's in store for Doge!
Owhooooo!
Dogecoin's Road to a Dollar!Looking at this 4hr chart it looks like Dogecoin is finding it's way through the woods!
My whiskers are telling me some big moves are coming in general for the cryptosphere.
Doge looks poised to move up to the top of the channel.
I'm howling for the moon for Doge!
Owhooooo!
#DOGEUSDT #DOGECOIN #1HHi guys..its the latest analyze chart of #DOGEUSDT in 1H timeframe(folowers Requested analysis) .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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Doge Ascending Triangle a Bear Flag?I'll be waiting in the bushes and watching this 4hr chart to see how Dogecoin plays out.
It seems we have broken out of a descending channel and are now forming an ascending triangle.
My whiskers are telling me that this could be a bearish continuation or a bullish reversal, but that a break up is more likely.
Owhooooo!